Home/Countries/Honduras/Personal Remittances Received (% of GDP)

HondurasPersonal Remittances Received (% of GDP)

Category: TradeSource: World Bank World Development IndicatorsGlobal Rank: #6 of 185
Latest Value
25.7%
2024
YoY Change
-1.6%
20232024
Global Rank
#6
of 185 countries
Maximum
27.0%
2022
Minimum
6.6%
2000
CAGR
+5.8%
25 years
Last
25.7%
Previous
26.1%
Highest
27.0%
Lowest
6.6%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators

Historical Data

YearValueChange
202425.7%-1.6%
202326.1%-3.3%
202227.0%+5.5%
202125.6%+6.9%
202023.9%+10.2%
201921.7%+9.4%
201819.8%+6.2%
201718.7%+5.0%
201617.8%+1.8%
201517.5%+2.5%
201417.1%+1.8%
201316.7%+6.3%
201215.8%-0.7%
201115.9%-4.0%
201016.5%-2.7%
200917.0%-16.4%
200820.3%-3.9%
200721.1%-2.1%
200621.6%+16.8%
200518.5%+40.4%
200413.2%+25.4%
200310.5%+3.1%
200210.2%+27.8%
20018.0%+20.8%
20006.6%

Top Countries — Personal Remittances Received (% of GDP)

#CountryValueYear
1Tajikistan47.9%2024
2Tonga42.6%2023
3Lebanon33.3%2023
4Nicaragua26.6%2024
5Nepal26.2%2024
6Honduras25.7%2024
7Bermuda25.4%2024
8Samoa24.0%2024
9El Salvador24.0%2024
10Gambia, The22.0%2024
View all 185 countries →

About This Indicator

Definition

Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.

Methodology

Data compiled by Staff estimates, World Bank (WB); IMF balance of payments data, International Monetary Fund (IMF); World Bank GDP estimates, World Bank (WB); OECD GDP estimates, Organisation for Economic Co-operation and Development (OECD).

Source: World Bank - World Development IndicatorsView original source →